Sr. Underwriter

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The Property and Casualty Sr. Underwriter will work independently with minimal supervision to support and manage the profitability and premium growth of assigned managing general agents as well as serve in a leadership role within the underwriting team providing their experience and knowledge to further the development of other underwriters, and underwriting assistants.

Key Accountabilities/Deliverables:

• Apply a thorough working knowledge of the Contract Binding’s underwriting portal in the daily execution of underwriting duties, including training of assigned agency personnel.

• Apply underwriting expertise within the defined limits of authority to achieve underwriting profitability of assigned agents.

• Provide agents with documented proposals, quotes, and guidance with clear definition of appropriate exposure classification, pricing information, limits, terms, and forms for risks outside of the agent binding authority.

• Promptly respond to all agent submissions and inquiries and perform to defined service standards.

• Maintain technical skills to support virtual communications and proficiency in the use of Core Specialty systems.

• Travel according to business plans, to assigned agent offices for the purpose of training and development of positive relationships, and the promotion of Contract Binding’s objectives, underwriting profitability, market presence and overall enhancement of Core Specialty’s industry reputation.

• Stay informed and share information on current market developments, to ensure the competitive level and profitability of our product offering.

• Support the Contract Binding team through mentorship of underwriters with less experience

• Support the Contract Binding team with effective communication and collaboration to broaden product knowledge and offerings, technical skills and overall profitability of the Division. Provide reports and participate in related projects as needed. Provide underwriting backup when required.

• Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core Specialty's shared values, while maintaining a customer service mentality.

Technical Knowledge and Understanding:

• Solid understanding of commercial property and casualty coverages and related endorsements.

• Knowledge of underwriting practices and pricing/rating methodologies

• Knowledge of the surplus lines wholesale binding marketplace a nd current market environment

• Knowledge of insurance company operations

• Effective written and oral communication skills.

• Self-motivated and independent.

• Detail oriented with the ability to work in a team environment and be flexible to daily changing needs and job duties.

• Ability to travel to meet with assigned agents.

• Familiarity with company systems, procedures & processes

Experience:

• Bachelor’s degree (preferably with a Risk Management & Insurance Major)or equivalent combination of training and experience

• 5+ years underwriting experience in commercial Property and Casualty lines of business

• Preferred wholesale distribution experience in an excess and surplus environment

• Preferred company binding experience

• Experience in customer service to internal and external customers

• Experience working with support services, including IT, claims, actuarial and operations.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.

#LI-Hybrid

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program